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CITY OF ST. ANTHONY, MINNESOTA
<br />STATEMENT OF REVENUES, EXPENSES AND Statement 7
<br />CHANGES IN FUND NET POSITION
<br />PROPRIETARY FUNDS
<br />For The Year Ended December 31, 2018
<br />With Comparative Totals For Enterprise Funds For The Year Ended December 31, 2017
<br />Governmental
<br />Activities -
<br />Liquor
<br />Water/Sewer/
<br />Water Plant
<br />Stormwater
<br />Utility
<br />Internal Service
<br />Fund
<br />2018 2017
<br />Sales $5,867,452 $ - $ - $5,867,452 $5,714,000 $ -
<br />Cost of sales (4,344,764) - - (4,344,764) (4,354,933) -
<br /> Gross profit 1,522,688 0 0 1,522,688 1,359,067 0
<br />Operating revenues:
<br /> Customer billings - 2,121,689 201,729 2,323,418 2,241,968 -
<br /> Connection charges - 51,200 - 51,200 47,650 -
<br /> Charges for services - - - - - 616,737
<br /> Total operating revenues 0 2,172,889 201,729 2,374,618 2,289,618 616,737
<br /> Total gross profit and operating revenues 1,522,688 2,172,889 201,729 3,897,306 3,648,685 616,737
<br />Operating expenses:
<br /> Personal services 818,707 879,764 - 1,698,471 1,627,715 458,754
<br /> Supplies 317,399 256,513 6,871 580,783 416,067 -
<br /> Contracted services 50,003 168,643 27,031 245,677 219,261 -
<br /> Treatment charges (MCES) - 708,567 - 708,567 643,390 -
<br /> Other 10,358 206,020 - 216,378 193,375 -
<br /> Depreciation 68,782 578,149 216,009 862,940 630,196 -
<br /> Total operating expenses 1,265,249 2,797,656 249,911 4,312,816 3,730,004 458,754
<br />Operating income (loss) 257,439 (624,767) (48,182) (415,510) (81,319) 157,983
<br />Nonoperating revenues (expenses):
<br /> Investment income 7,275 24,620 876 32,771 21,812 2,067
<br />Intergovernmental revenue - - - - - 36,461
<br /> Interest expense - (12,609) - (12,609) (15,200) -
<br /> Fees and cost of issuance - (1,078) - (1,078) (603) -
<br /> Refunds and reimbursements - 3,753 - 3,753 4,495 -
<br /> Miscellaneous revenue 1,357 6,105 1,350 8,812 68,218 -
<br />Total nonoperating revenues (expenses)8,632 20,791 2,226 31,649 78,722 38,528
<br />Income (loss) before capital
<br />contributions, transfers and special items 266,071 (603,976) (45,956) (383,861) (2,597) 196,511
<br />Capital contributions, transfers and special item:
<br /> Capital contributions 18,060 1,224,256 280,362 1,522,678 8,385,676 -
<br /> Capital contributions - intergovernmental - - 126,991 126,991 569,716 -
<br /> Transfers in 52,738 49,967 - 102,705 - 86,300
<br /> Transfers out (250,000) - (123,394) (373,394) (399,060) (102,705)
<br /> Special item - - - - - (619,626)
<br />Total capital contributions, (179,202) 1,274,223 283,959 1,378,980 8,556,332 (636,031)
<br />transfers and special items
<br />Change in net position 86,869 670,247 238,003 995,119 8,553,735 (439,520)
<br />Net position - January 1 2,097,646 15,998,867 7,777,948 25,874,461 17,320,726 (7,490,332)
<br />Net position - December 31 $2,184,515 $16,669,114 $8,015,951 $26,869,580 $25,874,461 ($7,929,852)
<br />Change in net position reported for business-type activities above $995,119 $8,553,735
<br />Transfer in of capital assets from governmental activities 1,522,678 8,000,094
<br />Transfer in of inventory from governmental activities - 385,582
<br />Portion of contribution revenue reported above (1,522,678) (8,385,676)
<br />Adjustment for the net effect of the current year activity between the
<br />internal service fund and the enterprise funds.(13,469) (55,453)
<br />Change in net position of business-type activities (Statement 2)$981,650 $8,498,282
<br />Business-Type Activities Enterprise Funds
<br />Totals
<br />The accompanying notes are an integral part of these financial statements.
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